Replies to post #53159 on MMRGlobal, Inc. (fka MMRF)

[Tulaz1]

I can. MMR has a deal in place to give out 25-50 MMR Pro units out at a time with a total of 1,275 actually sold.

After each unit is sold to a medical professional like a doctor, they can begin to make money by trying to sell MMR's PHR to their patients. MMR will pay them a small percentage of every signup a medical professional makes for the lifetime of the MMR Pro contract. In time this could pay for the purchase of the actual MMR Pro system and also increase that $17M-$18M to a number much higher.

MMRGlobal Stimulus Program Available to All Health Care Professionals
http://beforeitsnews.com/press-releases/2011/08/mmrglobal-stimulus-program-available-to-all-health-care-professionals-including-surgery-and-weight-loss-centers-905773.html

One of the areas we are very optimistic about, in terms of generating revenue going forward, are those patient upgrades. The avg physician will touch 2,500-3,000 patients in any given year. Assuming there’s 2-3 physicians in small office then that’s as many as 10,000 patient charts that can be dealt with in a given calendar year and based on conversion rates of very very small percentages, less than 1%, physicians offices can easily generate revenues that will exceed the amount of revenues they will get by installing a full blown EMR system and participating in the govm’t stimulus program under the hitech act.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50537467

[tiffer]

1 MMR-PRO system has been (or was?) sold for 22 thousand dollars in the past individual sales and it appears by the CEO's announcement on this particular contract that he gave them a deal at about 14 thousand dollars per unit because of hugh volume of order. Offering of the PHR to each patient of these owners of the MMR-PRO is key for recurring revenue and of course a monthly income for the doctor. The PHR's bought by patients has the capability to produce recurring revenue to make this original 18 million look like small change. A win-win situation for the patient, doctor, MMRF and retailer. I suspect that the recurring revenue is split between MMRF, Retailer, and doctor in various percentages tho how much is still confidential and probably will remain so. That is my take on it. Tiffer